Retail TouchPoints
MAY 18, 2023
SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. This included discussing the growth of SHEIN’s workforce in Dublin to fill roles in data analytics, security engineering, finance management and legal, as well as expanding SHEIN’s graduate program in Ireland.
Inside Retail
JUNE 5, 2023
Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 According to Statista Market Insights, the DIY and Hardware market was worth US$14.21
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Inside Retail
JUNE 17, 2022
Humm Group cited current disruptions in financial markets for the termination of the offer, in a statement to the bourse. BNPL firms have seen their market value shrink rapidly as interest rate hikes to tame rising inflation fuelled concerns about a slowdown in consumer finance. Shares of Humm Group fell as much as 11.3
Inside Retail
JUNE 5, 2024
Net profit increased by 6.3 Its after-tax profit was likewise savaged, falling 5.4 The other biggie in the DIY market is Roi Et-based Siam Global House, whose store fleet is more concentrated than its competitors in the company’s native northeast of Thailand. per cent in the first quarter, bringing in 18.8 per cent to 1.7
Inside Retail
JUNE 7, 2023
Eighteen months on, the excitement around the merger is beginning to dissipate, as Lotus’s toils in a fiercely competitive market with a cash-strapped core customer. Net profit was up by 8.9 Retail’s weak revenue growth showed up on the bottom line, with net profit from retail stores falling 12.8
Inside Retail
AUGUST 31, 2023
The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 per cent, year-on-year, to 3.2 billion baht. Revenue from this source was 940.6 million baht, up 15.3
Retail Bound
FEBRUARY 7, 2023
Particularly in markets with increased volume and price pressure, proper pricing is a vital strategy for remaining competitive. If you stray from this boundary by setting the price too high or too low, either action can result in lost sales and jeopardize the company’s market share. If it makes less, that is a net loss.
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